After Exelon Deal, IHI Power Services Opens West Coast Headquarters; Gross Named CEO

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Industry Veteran and Former Vice President at Constellation Energy Takes the Helm for IHI in California

Orange County and TOKYO (PRWEB)September 24, 2012

IHI Power Services has announced that former Constellation Energy Vice President Steve Gross is the new Chief Executive Officer of IHI Power Services. The company also announced a new West Coast Headquarters based in Aliso Viejo, California. IHI Corporation, based in Tokyo, Japan has now expanded its presence in the United States with major projects and locations on both coasts.

In recent weeks, IHI Corporation has announced the acquisition of Exelon’s ownership share of five California power plants – a total of 70 megawatts (MW) of generating capacity. This ownership stake will be managed by IHI Power Services.

“We are very pleased to have the former Constellation Energy West Region team join IHI” said Mikio Mochizuki, Executive Officer and CEO of IHI Inc., “They bring a solid track record of project development, construction, operations and asset management that will support our long term objectives in North America.

“I have always admired the reputation and business acumen of IHI Corporation, and am proud to join IHI Power Services as CEO ” said the new IHI Power Services CEO Steve Gross. “We have assembled one of the top teams in the industry, and look forward to expanding our presence in North America.”